Company News for September 7, 2012
• American Realty Capital Trust, Inc. (NASDAQ:ARCT) is slated to be acquired by Realty Income Corp. (NYSE:O) for roughly $1.93 billion
• Shares of The Men's Wearhouse, Inc. (NYSE:MW) soared 18.7% after it reported quarterly earnings per share of $1.15, outpacing the Zacks Consensus Estimate of $1.12 per share
• OCZ Technology Group Inc. (NASDAQ:OCZ) stated that it now expects lower revenues for the second quarter compared to earlier estimates. Shares of the company subsequently slumped 18.8%
• SUPERVALU INC. (NYSE:SVU) announced that it will shut down 60 stores including some Albertsons, ACME and Save-A-Lot stores across different states
Read the analyst report on ARCT
Read the analyst report on OCZ
Read the analyst report on SVU
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